Revlon loss grows, but sales rise

SteveGelsi

Revlon
REV, -1.48%
reported a first-quarter net loss of $48.7 million, or 93 cents per share, vs. a net loss of $46.1 million, or 88 cents per share in the year-ago period. A survey of two brokers by Thomson First Call forecasted a loss of $1.22 per share. Operating loss was $4.2 million, vs. a loss of $4.3 million last year. Net sales were $292 million, up from $275 million. Revlon said ACNielsen data indicated its first-quarter U.S. color cosmetics market share grew to 23.2 percent from 22.4 percent with both the Revlon brand and the Almay brand contributing to the growth. The company said it made "solid progress" on its growth plan in the quarter. Shares fell 10 cents to $2.96 on Wednesday.

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.